Joel Greenblatt Gotham Asset Management
Joel Greenblatt is a co-founder of Gotham Asset Management and a well-known value investor, professor, and author. He gained wide recognition for The Little Book That Beats the Market and for popularizing a systematic value approach often called the “magic formula.” Greenblatt’s career spans special-situation investing, quantitative value strategies, and investor education.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 2 |
NewMarket
NEU
|
+$67.2M |
| 3 |
Gen Digital
GEN
|
+$66.9M |
| 4 |
General Mills
GIS
|
+$63.7M |
| 5 |
Humana
HUM
|
+$63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$97.7M |
| 2 |
Micron Technology
MU
|
+$88M |
| 3 |
MASI
Masimo
MASI
|
+$60.7M |
| 4 |
SNDK
Sandisk
SNDK
|
+$55.1M |
| 5 |
Crown Holdings
CCK
|
+$46.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Industrials | 11.66% |
| 3 | Consumer Discretionary | 9.38% |
| 4 | Healthcare | 7.34% |
| 5 | Financials | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Global X Defense Tech ETF
SHLD
$7.43B
| $3.15M | 0.01% |
52,722
+186
| +0.4% | +$12.4K |
|
1052
iShares Russell 2000 Growth ETF
IWO
$14.8B
| $3.12M | 0.01% |
7,916
+852
| +12% | +$311K |
|
|
PPTA
1053
Perpetua Resources
PPTA
$3.21B
| $3.1M | 0.01% |
149,246
| – | – |
|
1054
First Majestic Silver
AG
$10.4B
| $3.09M | 0.01% |
182,138
+128,046
| +237% | +$2.54M |
|
1055
Champion Homes
SKY
$4.9B
| $3.07M | 0.01% |
34,878
-27,889
| -44% | -$2.14M |
|
1056
iShares MSCI USA Quality Factor ETF
QUAL
$47.7B
| $3.06M | 0.01% |
13,961
-244
| -2% | -$51.2K |
|
1057
Guardant Health
GH
$22.9B
| $3.03M | 0.01% |
+20,207
| New | +$2.2M |
|
1058
ESAB
ESAB
$5.06B
| $3.01M | 0.01% |
30,558
+21,957
| +255% | +$2.12M |
|
1059
Healthcare Services Group
HCSG
$1.56B
| $3.01M | 0.01% |
122,368
+12,222
| +11% | +$258K |
|
1060
Global X Silver Miners ETF NEW
SIL
$5.37B
| $2.99M | 0.01% |
38,620
| – | – |
|
1061
Raymond James Financial
RJF
$33.7B
| $2.98M | 0.01% |
19,598
-143
| -0.7% | -$21.7K |
|
1062
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.7B
| $2.97M | 0.01% |
9,695
+845
| +10% | +$244K |
|
1063
Signet Jewelers
SIG
$3.16B
| $2.95M | 0.01% |
34,216
-4,170
| -11% | -$360K |
|
1064
Pembina Pipeline
PBA
$28.3B
| $2.92M | 0.01% |
63,148
+41,377
| +190% | +$1.92M |
|
1065
Kodiak Gas Services
KGS
$6.21B
| $2.91M | 0.01% |
38,729
-2,109
| -5% | -$143K |
|
1066
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $2.91M | 0.01% |
30,161
+2,666
| +10% | +$255K |
|
1067
Peloton Interactive
PTON
$2.37B
| $2.87M | 0.01% |
485,659
-77,785
| -14% | -$420K |
|
1068
Invesco KBW Bank ETF
KBWB
$6.75B
| $2.87M | 0.01% |
30,814
+2,840
| +10% | +$248K |
|
1069
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.4B
| $2.85M | 0.01% |
14,439
+1,204
| +9% | +$233K |
|
1070
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$41.4B
| $2.85M | 0.01% |
46,400
+26,326
| +131% | +$1.56M |
|
1071
Vanguard Short-Term Bond ETF
BSV
$45.6B
| $2.85M | 0.01% |
36,578
+20,286
| +125% | +$1.58M |
|
1072
ICU Medical
ICUI
$4.57B
| $2.83M | 0.01% |
19,289
-10,531
| -35% | -$1.37M |
|
1073
US Bancorp
USB
$96.7B
| $2.82M | 0.01% |
46,711
-672
| -1% | -$37.7K |
|
1074
iShares Global Infrastructure ETF
IGF
$10.5B
| $2.79M | 0.01% |
41,828
+341
| +0.8% | +$22.9K |
|
1075
Rogers Communications
RCI
$19.6B
| $2.78M | 0.01% |
85,630
-2,437
| -3% | -$87.9K |
|
Similar funds
Joel Greenblatt's Q2 2026 Portfolio in Review
As of Q2 2026, Joel Greenblatt held 1,921 positions worth $43B, up 32% from $32.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.85B of net new capital in Q2 2026, opening 172 new positions and adding to 854 existing holdings. Its largest new stake was On Holding: 754,800 shares worth $26.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Western Digital, an estimated $97.7M trimmed.
- Joel Greenblatt's largest Q2 2026 buy was On Holding: 754,800 shares worth $26.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $1.73B increase.
- Joel Greenblatt's biggest Q2 2026 reduction was Western Digital, cutting an estimated $97.7M.
- Joel Greenblatt fully exited Masimo in Q2 2026, selling an estimated $60.7M.
- Joel Greenblatt's ten largest holdings make up 28% of its $43B portfolio in Q2 2026.
- Joel Greenblatt opened 172 new positions and closed 130 in Q2 2026.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $43B.
Based on Gotham Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.